LOVING ME......SHOULD BE EASY LIKE SUNDAY MORNING! Located in the desirable and quaint town of Tuskegee is where you can find me. I am EASILY within a 5-mile radius of the well-known Tuskegee University campus. I am spacious in size as I EASILY feature over 1600 sq footage, with 3 bedrooms, 2.5 baths, a living and dining room combination and a HUGE den or family room. One step inside my door, you will EASILY have vision, you will clearly and EASILY be able to see how converting me into student housing will be as EASY as 1, 2, 3! You could also just envision living here and EASILY enjoying me along with the rest of your family. You can also see that I am in need of cosmetic repairs and upgrades, but I am also EASILY priced to SELL! How could anyone not want to buy me, I am unique in layout and feature an aluminum roof and a covered carport. So, if you like your life EASY like Sunday mornings, what are you waiting for? Call the listing agent who is eager to sell and EASY to work with! Call today for your private showing!
Welcome to 2802 Althea Street, a turnkey investment property with immediate cash flow and a tenant already in place. This recently restored 3-bedroom, 3-bath home offers approximately 1,890 square feet on a 0.64± acre lot, conveniently located just 1.9 miles from Tuskegee University, one of the area's strongest drivers of rental demand. Currently leased through May 31, 2027, the property generates $2,250 per month in rental income, allowing you to start collecting income from day one. The home is being sold fully furnished and includes major appliances, an ADT security system, washer and dryer, refrigerator, microwave, and dishwasher. The current owner covers utilities and services, including electricity, water, trash, Wi-Fi, lawn care, and pest control, making this an attractive, fully operational rental with an established tenant in place. Whether you're looking to expand your portfolio or purchase a proven income-producing property near Tuskegee University, this one checks the boxes. Skip the renovation, skip the vacancy, and start with a property that's already performing. Run the numbers, schedule your showing, and bring your offer before another investor adds this one to their portfolio.
This beautifully renovated home has been transformed inside and out, offering a fresh, modern feel throughout. The interior has undergone extensive updates, beginning remodeling of the living room, hallways, three bedrooms, and two bathrooms. New sheetrock, finishes, and trim create a clean, polished look, while every room—including the bedrooms, living room, family room, hallway, bathrooms, and kitchen—has been freshly painted from walls to ceilings and trim. Both bathrooms have been fully remodeled with tiled showers and floors, new vanity cabinets, mirrors, toilets, lighting, and hardware. The hallway bathtub has been refinished and glazed for a like-new appearance. The kitchen has been updated with sanded and painted cabinets, new hardware, new countertops, a new sink and faucet, and the addition of a vent hood over the stove. New vinyl plank flooring has been installed in the kitchen and living room, and the entire home features new ceiling fans, flush-mount lighting, and blinds. The smoke and carbon monoxide detectors have been added. Circular drive in the back of the house. Large family room, great for entertaining and family get togethers. This home offers modern updates, essential system improvements, and a clean, inviting atmosphere throughout. Only a 1/2 mile from campus. Appraisal on 1/28/2025 for $255,000.
Investor Opportunity – Turnkey Rental Near Tuskegee University This well-maintained home offers the perfect blend of character, functionality, and reliable cash flow—an ideal addition to any investor’s portfolio. Beautiful hardwood floors run throughout the main living areas, creating a warm, low-maintenance environment that tenants appreciate. The open living and dining layout enhances usability and keeps the space feeling bright and inviting. The kitchen comes fully equipped with a gas stove and side-by-side refrigerator, providing durable, tenant-ready convenience. Key mechanical updates—including a 2020 water heater and a 2017 HVAC system—offer peace of mind and help minimize near-term capital expenditures. Outside, the fenced backyard appeals to long-term renters seeking privacy, pet-friendly space, or room to garden. A carport adds covered parking and extra storage—another desirable feature for tenants. Prime Location for Consistent Demand: Just 2.5 miles from Tuskegee University, this property is situated in a high-demand rental corridor with steady occupancy potential. Immediate Cash Flow: The home is currently leased through June 30, 2026, providing built-in income from day one. With stable tenancy already in place, investors can step into a performing asset without turnover costs or vacancy risk. A rare opportunity to acquire a charming, updated, and income-producing property in a strong rental market—ready to continue generating returns for its next owner.
THIS SINGLE FAMILY HOME LOOKS TO BE IN AVERAGE CONDITION WITH LOTS OF POTENTIAL. LOCATED CLOSE TO TUSKEGEE UNIVERSITY, BUSINESSES, PLACES OF WORSHIP AND POLICE DEPATMENT. THE HARDWOOD FLOORS ARE ORIGINAL. ROOMS ARE VERY SPACIOUS.
Tuskegee Institute is located in Alabama. Tuskegee Institute 36088 is less family-centric than the surrounding county with 9.46% of the households containing married families with children. The county average for households married with children is 15%.
